Economic

TAPI Royalty Finalized

Wednesday, April 18, 2012
Kabul (BNA) The representatives of the government of Afghanistan, Pakistan and India during a meeting in Islamabad the other day had finalized the royalty of the trans-pipeline of gas from Turkmenistan to Pakistan onward to India through Afghanistan. 
According to the Ministry for Mines, Minister Wahidullah Shahrani who visited Turkmenistan arrived in Islamabad the other day and attended the meeting. 
Afghanistan would earn 400 million US dollars annually as royalty. 
The four governments are expected to hold joint meeting on May 24 in Ashkhabad where representatives of the World Bank and the Asian Development Bank would attend to finalize the gas price besides inking the agreement. 
Afghanistan over the next 30 years would earn billions of US dollars as royalty.

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